Malita Investments Plc

Corporate Details

ISIN(s):

MT0000610106

LEI:

213800NMXCAAV2SVPG27

Country:

Malta

Address:

CLOCK TOWER, LEVEL 1, SLM 1171 SLIEMA

Website:

https://malitainvestments.com/

Sector:

Financials

Industry:

Capital Markets

Description

Malita is an investment holding company. The corporate vision of Malita Investments p.l.c., which operates as an investment holding company, is primarily the acquisition, development and management of immovable property, the leveraging of revenue streams arising therefrom and the reinvestment of undistributed profits in national and/or strategic real estate projects as well as in commercial property opportunities. The company’s investment portfolio started off with the reinvestment of the equity embedded in the dominium directum of the Malta International Airport and the Valletta Cruise Port, which in combination with the shares subscribed for in cash by the shareholders and further augmented by debt finance, was utilised to acquire the Parliament Building and Open-Air Theatre in Valletta. Following completion, these properties have been leased out at a rental yield commensurate with that generated in the commercial property market in Malta.